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applicable accumulation test minimum rate

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 7702 — in this section (4 versions over time)

For purposes of paragraph (2)(A), the term “applicable accumulation test minimum rate” means the lesser of—

(A) an annual effective rate of 4 percent, or

(B) the insurance interest rate (as defined in subsection (f)(11)) in effect at the time the contract is issued.